Ford Commits Suicide - Lays Off Hundreds Of Engineers
Posted by freedomforall 10 months, 1 week ago to Business
Excerpt:
"The cuts will be to engineers in EVs, traditional combustion engine models and commercial vehicles, the company said. The layoffs will number in the hundreds, despite CEO Jim Farley claiming earlier this year the company would need 25% more engineers than rivals to produce its EVs.
The company expects to lose $3 billion in 2023 on its EV business but hopes for 8% returns on battery powered models by the end of 2026. Ford plans on building 2 million EVs per year by that point.
T.R. Reid, a company spokesman, told Bloomberg: “We’re not cost competitive. We have specific priorities and ambitions that have implications for skills, assignments and staffing needs. These changes are consistent with that. They’ll make us cost effective.”"
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Hire more accountants and Ivy League marketing grads.
That has always been a success in improving complex mechanical design and manufacturing.
Just shut your doors now and save the taxpayers the expense of artificial respiration and burial of your brainless corpses.
Engineers, welcome to the Gulch.
"The cuts will be to engineers in EVs, traditional combustion engine models and commercial vehicles, the company said. The layoffs will number in the hundreds, despite CEO Jim Farley claiming earlier this year the company would need 25% more engineers than rivals to produce its EVs.
The company expects to lose $3 billion in 2023 on its EV business but hopes for 8% returns on battery powered models by the end of 2026. Ford plans on building 2 million EVs per year by that point.
T.R. Reid, a company spokesman, told Bloomberg: “We’re not cost competitive. We have specific priorities and ambitions that have implications for skills, assignments and staffing needs. These changes are consistent with that. They’ll make us cost effective.”"
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Hire more accountants and Ivy League marketing grads.
That has always been a success in improving complex mechanical design and manufacturing.
Just shut your doors now and save the taxpayers the expense of artificial respiration and burial of your brainless corpses.
Engineers, welcome to the Gulch.
You WILL drive the EVs.
You will be ENSLAVED to pay for the EVs.
Or you will suffer a decline in your apparent standard of living.
They’ll figure out a way to LET us pay for them. If money was actually backed by something tangible it would be hard. But when it’s value is fake it’s not hard at all. If the peasants don’t have enough money we’ll just print more. And give it to them under contract for their time and labor/resources.
THEY know what actually has value. And it’s not the little green pieces of paper that can be willed into existence with the stroke of a key. It’s all the time and effort expended by the dumb herd animals to chase that fiat that has real value. Marx was not completely wrong with he thoughts about the relationship of capital to labor.
There was a reason AS’s working title was The Strike.
Go Galt!
no report on how many they plan on selling....
These are brand new EVs, parked in grass, rotting.
Because they needed numbers, it was easier to just buy the EVs with "investment money" so they could hit their numbers...
Meanwhile lookup the videos of them catching fear, losing their axles, exploding while charging.
And people are afraid of Compressed Hydrogen.
About Half!
That's an old joke. But it's not false. Unfortunately, I do NOT think this is THAT kind of cleaning house.
I think this is HR trying to HELP even more, by getting rid of the Dinosaurs (those who KNOW how to get things done), and replacing them with Yes Girls/Boys... Who will fail miserably, and cry about how they live under so much pressure.
The HR Department sees this as a win/win. We get rid of the highest paid engineers, and we replace them with retarded DIE hires for 1/2 the price, allowing us to add 25% to the engineering staff while reducing our overall expenses.
I was a pretty loyal FORD Truck person.
That's all my father ever drove.
He has passed... And so will Ford...
Of course, I did not know about their support for Hitler, and their suing (and winning) of a lawsuit from the government for destroying their German TANK plants...
But they must be dismantled. Because 15 minute cities are coming, and we do not need so many cars of any type.
My sister's husband worked his way up from the bottom at CocaCola for 25 years. When he had finally reached his goal in management, he was forced to retire (using threats and innuendo) with no company retirement plan.
That is an example, as is this, of how socialist educators, banking, Wall St, and government have conspired and destroyed American industry and American middle class.
When you realize that our government would give you 40 acres and a mule... You just had to work, and there were no property taxes. You grew your farm, raised your children, and then they inherited your farm/land/inventions/knowledge without paying a Death tax (One that they waved for Prince Charles... Why, that was a TON of money?)
Anyways, the goal eventually became to enslave Americans with debt. You used to be able to buy a house (as a kit, from SEARS), and have it delivered, and you could put it together yourself.
The building trades started when a small group realized they could assemble these WAY faster than a first timer... And get a premium.
But you HAD your land, you PAID for your house. You carried no debts. You worked for food, and food was one of your largest input costs.
Once the bankers took hold... We got Mortgages, Car Loans, Skyrocketing Inflation. Insurance, more lawyers, and more debt.
And evidence was found showing that they PURPOSEFULLY stopped renewing the Farmers Loans, in unison, to get the farms in bankruptcy and sell them to big industry.
I used to think the Immigration Act of 1963 was when we fell hard. I since moved it back to the creation of the Federal Reserve.
After that, the rich were able to amplify their power through banking and the legal system.
And they slowly took over everything. I believe they are behind the MIC... That's why sound money and fixing the tax codes are non-starters...
a variation on John Galt's solution, a consumer strike.
Even that could set off a collapse and a deep state military response.
If so, millions will die.
Fighting on my feet is better than begging on my knees, imo.
You mean like Bud Light's strategy? And we all know how that turned out.
Look for this in the news.
When Bush and his TARP bailouts happened I saw a new racket in the making.
We will be buying our old money printing presses back from China soon we can't print it fast enough.
As I watch my USA implode.
----- A poem by Dino Philosoraptor Esquire BS
What's interesting is that if you look at the history of the Soviet Union since its inception in 1918, it is this EXACT story all over: they placed a premium on non-economic factors as the drivers of everything from utilities to food production and as a result, millions of people suffered, starved, and died. What most people don't know is that this is EXACTLY what the global elitists want!
When I lived overseas in NZ it seemed the majority of cars had been imported as used cars from Japan.
In Japan, people are encouraged to buy new cars every couple of years (to help their car manufacturers.)
Much higher taxes must be paid on older cars in Japan.
Used cars from Japan are much newer and with much lower mileage because Japan is relatively small compared to US.
So NZ car buyers get a benefit of not very old, low mileage, high quality used cars from Japan.
In the US we get screwed again.
The Con-Gress has dictated that no foreign used car can be imported to the US unless it is over 25 years old.
DC. NIFO.
Now that I think of it, even a 25 year old car from Japan might be a better (much more economic) choice than
something that rewards the looting scum in DC and Detroit.
I watched Ford invest in some university competitions. They received like 4x the money they spent in R&D Grants. (Of course, like typical government corruption, some of that money had to be spent on "specific equipment", which was probably a political favor to someone else, LOL)
But they all do it.
The model of Capitalism is a LIFE CYCLE of growing, spreading fresh ideas, making $$$ and then dying from failure to change. See Xerox, and Kodak. (Xerox invented the MOUSE/GUI, Kodak invented the digital camera).
If the life-cycle is "halted" and companies are never washed out... Then the purveyers of bad ideas are rewarded, and soon enough ONLY bad ideas will be available... See ESG/Diversity... All countries moving in lock step...
And the number of Presidents of countries who REFUSED to go along... Who ended up dead, or out of office, QUICKLY replaced by someone willing to sign on the dotted line...
This is our world.
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